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- Tasks: Support month-end reporting, analyse KPIs, and collaborate with finance teams.
- Company: Join Nomad Foods, Europe's largest frozen food company with iconic brands like Birds Eye and Goodfellas.
- Benefits: Enjoy opportunities for career growth, a collaborative culture, and a focus on excellence.
- Why this job: Be part of a dynamic team driving financial success and innovation in the food industry.
- Qualifications: 3 years of finance experience, strong analytical skills, and proficiency in ERP systems required.
- Other info: Ideal for proactive problem solvers with a positive attitude and attention to detail.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Nomad Foods was formed in 2015 and with revenues of €2.6bn is the largest frozen food company in Europe. Nomad owns a portfolio of leading brands including Birds Eye, Findus and iglo, supplemented in 2018 with the purchase of Goodfellas Pizza and Aunt Bessie’s, and in 2021 with the purchase of Ledo and Frikom.
We manufacture and distribute a range of branded frozen food products across 22 European countries with the United Kingdom, Italy, Germany, Sweden and France representing our five largest markets.
The long-term goal of Nomad is to develop a global portfolio of best-in-class food brands by growing organically and through strategic M&A.
We are proposing that our new Shared Finance Centre will house both our Financial Accounting teams and our Financial Planning and Analysis Centre of Expertise.
Our vision is to build trusted, equal partnerships through the delivery of timely and valuable services that will ensure growth and business success for Nomad Foods. The team will deliver a step change in performance through a relentless focus on excellence in execution and continuous improvement, enabling us to simplify and standardise our processes and procedures, which in turn, enables quality decision-making, delights our customers and supports Nomad Food’s business objectives.
The Shared Finance Centre (SFC) will be an outstanding place to work for finance professionals, with new and exciting opportunities to develop careers and by being recognised alongside the very best by our people.
Our Cluster Analysts are responsible for supporting Month End, reporting and analytics for our business units and central functions, including standard management reporting. The Cluster Analyst will be responsible for developing and implementing analytical standards for reporting KPIs and as a key financial liaison, partnering with the various departments across the business unit. Supporting both MU and SU across the Cluster.
Responsibilities
- Complete the monthly close of management accounts, including the involvement in the preparation of monthly data reporting packages that includes analysis of KPIs, variance analysis and explanations, preparation and posting of necessary accruals and journals
- Responsible for providing weekly calculation and variance analysis of key metrics of the manufacturing site including but not limited to production volumes, labour costs, recoveries, fixed costs and transfer prices and their impact on the financial statement
- Responsible for assimilating data from multiple systems and stakeholders to identify trends for KPIs, actuals, budgets and forecasts
- Support the Cluster Accountant with analysis and variance analysis, which includes developing recommendations for leadership and finance business partners (FBP)
- Enhance data governance processes by improving the quality and integrity of data collected, analysis performed, and reports generated
- Involvement in running simulations of various “what-if” scenarios using insight and critical thinking to evaluate and recommend solutions
- Collaborate with Cluster Accountant to classify, quantify, Month End actuals by providing reliable, accurate, comparable, and timely information
- Maintain and produce standard quarterly performance analytics and reports for leadership with guidance from Cluster Accountant
- Facilitate standardisation and sharing of best practice across the Shared Finance team
- Contribute to continuous improvement of systems and processes
- Support automation and enterprise consolidation of data used in monthly, quarterly, and annual performance reports
Qualifications
Essential
- Minimum3 years of relevant experience in, reporting and forecasting
- Previous Finance experience within an FMCG business
- Experience with ERP systems and reporting technology
- Experience with business intelligence tools and developing data visualisations
- Positive attitude, pro-active, growth mindset, work to solve problems
- Attention to detail
- Excellent communication and written skills with the ability to engage people at all levels both internally and externally
- Ability to constructively challenges assumptions and thinking
- Impactful report writing and presentation skills
Desirable
- Bachelor’s degree
- Part qualified (ACCA, ACA, CIMA, or international equivalent). Expected to be at finalist stage
- Very strong analytical and ME abilities
- Solid database skills required
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Finance Management Analyst employer: Nomad Foods
Contact Detail:
Nomad Foods Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Management Analyst
✨Tip Number 1
Familiarise yourself with Nomad Foods' brands and their market presence. Understanding the company's portfolio, such as Birds Eye and Goodfellas Pizza, will help you demonstrate your knowledge during interviews and show your genuine interest in the role.
✨Tip Number 2
Brush up on your analytical skills, especially in relation to KPIs and variance analysis. Being able to discuss specific examples of how you've used these skills in previous roles will set you apart from other candidates.
✨Tip Number 3
Network with current or former employees of Nomad Foods on platforms like LinkedIn. Engaging with them can provide insights into the company culture and expectations, which can be invaluable during your interview.
✨Tip Number 4
Prepare to discuss your experience with ERP systems and business intelligence tools. Be ready to share specific instances where you've improved data governance or reporting processes, as this aligns closely with the responsibilities of the Finance Management Analyst role.
We think you need these skills to ace Finance Management Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance management, particularly in reporting and forecasting. Emphasise any previous roles in FMCG businesses and your familiarity with ERP systems.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical skills and problem-solving abilities. Mention specific examples of how you've contributed to financial reporting or analysis in past roles, and express your enthusiasm for the opportunity at Nomad Foods.
Highlight Technical Skills: Clearly outline your experience with business intelligence tools and data visualisation. If you have worked with specific ERP systems, mention them to demonstrate your technical proficiency.
Showcase Communication Skills: Since the role requires excellent communication skills, provide examples in your application of how you've effectively engaged with stakeholders at various levels. This could include impactful report writing or presentations you've delivered.
How to prepare for a job interview at Nomad Foods
✨Know Your Numbers
As a Finance Management Analyst, you'll be expected to handle data and metrics. Brush up on your financial analysis skills and be prepared to discuss key performance indicators (KPIs) relevant to the role. Familiarise yourself with common financial metrics used in FMCG businesses.
✨Showcase Your Analytical Skills
Be ready to demonstrate your analytical thinking during the interview. Prepare examples of how you've used data to drive decisions or improve processes in previous roles. Highlight any experience with simulations or 'what-if' scenarios that you've run.
✨Familiarity with ERP Systems
Since the role requires experience with ERP systems, make sure you can discuss your familiarity with these technologies. Be prepared to explain how you've used them in past positions to enhance reporting and forecasting accuracy.
✨Communicate Effectively
Strong communication skills are essential for this role. Practice articulating complex financial concepts in a clear and concise manner. Think about how you can engage with different stakeholders and present your findings effectively.
